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Search Results 0 to 6 of about 7 (some duplicates have been removed)
CSPAN
Jan 31, 2013 9:00am EST
and a half months, at which point the debt ceiling will be reinstituted at a higher level. we expect the government will probably borrow something on the order of $400 billion between now and such time as the debt ceiling is re-established. we have got $16.4 trillion in debt today, so by the time the debt ceiling is reapplied, rei am posed, it will just under $17 trillion. now, at that point, we will be right back to the standoff that we were at very recently, standoff over what to do about this massive amount of debt we already have and the massive amount of additional debt that the administration would like to create. now, the administration's position is very clear. they want additional borrowing authority with no strings attached, no conditions, no limits on future spending. they just want to be able to keep borrowing. some on our side of the aisle feel very strongly that any increase in the debt ceiling that authorized still more borrowing needs to be accompanied with some measure of spending discipline so that we can at some point begin to regain control over these out-of-contr
FOX News
Jan 27, 2013 1:00pm PST
it kicking the can down the road but i call it them surrendering. >> here is the point. delaying the debt ceiling, which i said they need to do to -- what are they buying with the few months? not bad forcing the senate to address the budget but what they are not doing, we are not having a national discussion of the medicare numbers we were talking about. we are not having a diagnostic consensus in this country. that, my god, we are going broke which gets you -- they do not go --. >> and i say one thing? the word was used "transformational" and doug said he wants to transform into more of a liberal president. where he ought to be, and we are political insiders association i would give him this political advise, he wanted to be a ronald reagan. he wanted to a transformational president. just as only nixon could go to china, only an african-american re-elected democratic president we can be the guy to take the entitlements and fix them for the long term but he doesn't want to. >> he wants to expand them and transform america. >> they will be bankrupt. >> johnson and fdr got circumstances per
CSPAN
Jan 24, 2013 1:00am EST
with the debt ceiling, august 20 11, our economy produced the lowest job growth in three years. during that two-month period, the dow jones plummeted 2,000 points including one of its worst single day drops in history, 635 points on, on august 8. s&p downgrade the u.s. credit rating for the first time in history. leading republicans in june, 2011, criticized the notion of a short-term debt ceiling increase as providing a lack of certainty. the majority leader said, i quote, we feel very strongly that one of the reasons we continue to see an ailing economy is that people have very little confidence, have very little senchity in terms of where we are headed, end of quote. and our ways and means chairman echoed that feeng only days later, saying aut the prospect of a short-term debt ceiling increase, in quote, it does not give you certainty. this bill does not give certainty but uncertainty. the action we took new year's day to avoid the fiscal cliff brought our total deficit reduction over the past two years to $2.5 trillion. what's more, it set the stage for future further balanced agreements th
CNN
Jan 30, 2013 4:00am PST
work together in a bipartisan fashion, that is what's happening. if we want to see it on the debt ceiling it starts by these things where we can agree, where we can move things forward and as mary said which was a good point, dear, that the president can make the tone, either he can create a battle on this or he can try to bring people together. >> well he can, and i'm sorry for interrupting you, sweetheart, but you can. >> so sweet. >> he is capable of bringing people together. if he changes his rhetoric, he still is in campaign mode. i say this with great respect. and he knows it, but it's like give other members of congress a chance to be a part of the process. >> that's why i keep saying stop asking him lean on it. tell congress this is why you're there. you can lead on this, mcconnell, reid, pelosi, boehner, you lead. >> that's exactly what they did, that's exactly what they did. >> cool. >> the debate as you can tell heated at times. thanks guys, i appreciate that. >>> ahead we'll talk more about alex rodriguez and several other major league baseball players named in the new
CSPAN
Jan 28, 2013 12:00pm EST
. that has to change. [applause] now, the house won't consider another debt ceiling increase unless the senate passes a budget. and we're not going to just keep raising the debt ceiling. we're going to make a down payment on debt reduction, and we're going to point the country in the right direction, we're going to cut spending. [applause] you know, there will be times p when conservatives disagree on the way forward. we've never marched in lockstep. that's not what we do. a healthy debate is a good and needed thing. we can deliberate in private without fighting in public. all we should ask of each other is that we give an honest account of our actions and their reasons for them. we should challenge the left, not each other. and if we take the prudent course, you know what? we'll be in really good company. our founders were men of prudence. take james madison. nowadays we call him the founder, the father of the constitution. but at the constitutional convention, he lost some key arguments. you know, he fought the plan to give each state the same number of seats in the senate. he tho
Search Results 0 to 6 of about 7 (some duplicates have been removed)